Tata Steel Limited announced the appointment of Akshay Khullar as the Vice President – Engineering & Projects, with effect from February 1, 2024. According to the company’s exchange filing, “In terms of the Company’s Succession Plan for Senior Management Personnel, Mr. Akshay Khullar is being appointed as the Vice President – Engineering & Projects (Designate),…
Tag: Tata Steel
Tata Steel appoints Ashish Anupam as VP – Long Products
by
•Tata Steel Limited announced the appointment of Ashish Anupam as the Vice President – Long Products of the company, with effect from November 15, 2023. According to the company’s exchange filing, “Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’), we would like to inform about the change(s) in…
Tata Steel appoints Dr. Shekhar C Mande to its Board
by
•Tata Steel Limited announced the appointment of Dr. Shekhar C. Mande as Additional Director (Non-Executive, Independent) on the company’s Board, with effect from June 1, 2023. According to the company’s exchange filing, “the Board of Directors (‘Board’) of Tata Steel Limited (‘the Company’) has today, i.e., May 27, 2023 unanimously approved the appointment of Dr.…
TRF Limited appoints Sanjib Nanda to its Board
by
•TRF Limited, a Tata group company engaged in bulk material handling, announced the appointment of Sanjib Nanda as an Additional Director in the category of Non-Executive Non-Independent Director on the company’s Board, with effect from December 17, 2022. According to the company’s exchange filing, “the Board of Directors (‘Board’) of TRF Limited (‘the Company’) has…
Tata Steel appoints Bharti Gupta Ramola as Additional Director
by
•Tata Steel Limited announced the appointment of Bharti Gupta Ramola as an Additional Director on the company’s Board, with effect from November 25, 2022. According to the company’s exchange filing, “the Board of Directors (‘Board’) of Tata Steel Limited (‘the Company’) has today, i.e. November 23, 2022, unanimously approved the appointment of Ms. Bharti Gupta…
Tata Steel inks MoU with Punjab Government to set up a steel scrap based electric arc furnace steel plant
by
•Tata Steel signed a Memorandum of Understanding (MoU) on August 26, 2022 with the Government of Punjab for setting up a 0.75 MnTPA long products steel plant with a scrap-based electric arc furnace (EAF). The MoU was signed in the presence of Shri Bhagwant Mann, Hon’ble Chief Minister of Punjab, a statement said. This initiative…
Tata Steel completes acquisition of Neelachal Ispat Nigam Ltd
by
•Tata Steel Limited (Tata Steel) has announced that Tata Steel Long Products Limited (TSLP), a subsidiary of Tata Steel, has completed the acquisition of 93.71% in 1 million tons per annum Neelachal Ispat Nigam Limited (NINL) from MMTC Ltd., NMDC Ltd., MECON Ltd., Bharat Heavy Electricals Ltd., Industrial Promotion and Investment Corporation of Odisha Ltd.,…
Tata Steel appoints Noel Naval Tata and Vijay Kumar Sharma to its Board
by
•Tata Steel Limited announced it has appointed Noel Naval Tata as Additional Director and Vice Chairman on the Board of the company, effective March 28, 2022. Vijay Kumar Sharma has also been appointed to the Board as Additional Director, effective March 28, 2022. According to the company’s exchange filing, “the Board of Directors (“Board”) at…
Tata Steel Advanced Materials acquires 90% stake in Ceramat Private Limited
by
•Tata Steel Advanced Materials Limited, a wholly owned subsidiary of Tata Steel Limited, announced it has acquired 90 per cent stake in Ceramat Private Limited. According to the company’s exchange filing, “This is to inform you that, TSAML an indirect wholly owned subsidiary (“WOS”) of Tata Steel Limited, has, today, February 28, 2022, executed a…
Tata Steel divests its entire stake in NatSteel Holdings Singapore for an equity value of $172 mn
by
•T S Global Holdings (TSGH) Singapore, a 100% indirect subsidiary of Tata Steel Limited, executed definitive agreements with TopTip Holding Pte Ltd. (TopTip), a Singapore based steel and iron ore trading company, to divest its 100% equity stake in NatSteel Holdings Pte. Ltd. (NSH) for an Equity Value of USD 172 million (Rs 1,275 crores).…
Tata Steel announces new working models for employees
by
•In order to give more flexibility to employees, Tata Steel launches ‘Agile Working Models’ Policy with effect from this month. In pursuant to the policy, even the officers who are required to be based out of a particular location can now work from home for unlimited days in a year. Once the pandemic situation normalises,…
Senior leadership of Tata Group companies to take up to 20% pay cut
by
•As the coronavirus pandemic affects business revenues and future plans due to uncertainty of the economic environment, organizations have started to give their employees salary cuts to conserve cash during the crisis. Joining the likes of many other companies, Tata Sons have also decided to move ahead with salary cuts for its top brass. For…
Tata Steel CEO T. V. Narendran resigns from the presidency of Indian Steel Association
by
•Indian multination steel-making company Tata Steel Ltd., formerly known as Tata Iron and Steel Company (TISCO)’s Chief Executive Officer T.V. Narendran has reportedly abruptly resigned from the presidency of the Indian Steel Association. His resignation comes way before the conclusion of his two-year tenure at the industry’s premier industry body in the country. His tenure…
Tata Steel releases business updates on its worldwide operations
by
•In present times when factories are temporarily shutting down their operations across the globe, companies are witnessing major financial losses due to the coronavirus pandemic. However, the exact losses and damages caused by the Covid-19 pandemic are hard to calculate as of now, but companies are putting in all efforts to keep its employees informed…
Tata Steel wins IFSEC India Disaster Management Excellence Award
by
•Tata Steel was awarded the ‘Disaster Management Excellence’ award by IFSEC India on December 19, 2019. The Award was received by James Jojo, one of the Disaster Management Competency Network team members at a ceremony held at Greater Noida. IFSEC awards are prestigious awards recognizing excellence and innovation of the thought leaders of the industry…